Bitcoin is struggling to break this resistance. With the sharp rise in price and the wedge still having about 7 days left. This could quickly dump to support line. (Hourly chart)
A clear image of support and resistance on daily chart.
The 147 daily EMA or better know as 21 weekly EMA. Historically 21 weekly acts as resistance in bear market and support in bull market. All indicators showing price can move higher RSI, MACD, and StochRSI.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.